Risen & Chemtech Solar (Italy) Alliance Pushes Deeper into Africa


NINGHAI, China, April 28, 2016 /PRNewswire/ -- Risen Energy Co., Ltd, a Tier 1 manufacturer of high-performance solar photovoltaic products, today confirmed the initial dispatch of 11MW to Chemtech Solar as a part of their recent 22MW order for The Republic of Senegal, West Africa.

Risen has had the fortune of a strategic partnership with Chemtech Solar in Italy for more than 8 years, with multiple projects being realised during this time frame. The most recent order, for 22MW of Risen's high performance solar PV modules, has deliveries split into two equal parts, the first as noted here, and the second delivery due in early Q3, sees both Companies further strengthening their geographical reach.

Many words are written about partnerships, but actions speak much louder, as Mr. Piergiorgio Balicco, Managing Partner of Chemtech posited, "Risen keeps helping us to add to our bottom line. Why change a good thing? Over the years we keep returning to Risen as they support our vision with core parameters required for sustainable growth, with their competitive honest deliverables in our portfolio, we can achieve on any continent."

Chemtech, as a successful IPP and EPC Company, is well positioned to evaluate the solar PV supply chain, and not least resultant from Ms. Junshu Zeng's participation, also a Managing Partner of Chemtech; "Our history with Risen is well documented, and it is fair to say we owe much of our success to our alliance with Risen. This more recent supply is part of a bigger program that we, together with Risen, have underway within Africa, and indeed other parts of the world. These successes result from our transparent sharing of common goals, and an understanding of the real business levers to pull to make tangible benefits to our companies, and our customers and end users."

As Mr. Bypina Veerraju Chaudary, CSMO of Risen Energy was keen to point out, "Credibility, it's about earning and keeping credibility. Chemtech's pursuit of excellence has been unswerving in all of the time we have known them, with no compromises, and a consistent strategic approach to delivering their vision. We are delighted to participate in Chemtech Solar's continued expansion and trust we can continue together to be a credible force within the industry."

The Risen-Chemtech alliance continues to satisfy both partners and their customers. For an investment of time and understanding, each has reaped the benefits of truly comprehending and surpassing their customer's expectations. This truly is a "watch this space" event in progress.

About Risen

Risen Energy is a leading, global, Tier 1, "AAA" credit rated manufacturer of high-performance solar photovoltaic products and provider of total business solutions for power generation. The Company, founded in 2002 and publicly listed in 2010, compels value generation for its chosen global customers. Techno-commercial innovation, underpinned by consummate quality and support, encircle Risen total Solar PV business solutions which are among the most powerful and cost effective in the industry. With local market presence, and strong financial bankability status, we are committed, and able, to building strategic, mutually beneficial collaborations with our partners, as together we capitalise on the rising value of green energy.

About Chemtech Solar

Chemtech Solar is the special branch of Chemtech Group, based in Bergamo Italy. Established in 1994, Chemtech operates as an IPP, EPC and investment group internationally, with major penetration into the emergent African solar market, as well as a solid foothold within Europe.